EUR/USD Open 1.4796 High 1.4838 Low 1.4681 Close 1.4792 On Tuesday Euro/Dollar increased significantly from the 1.4681 bottom to the 1.4815 top, closing the day at 1.4792. Today, the European currency continued rising up to 1.4838. Our...
USD/JPY Open 92.01 High 92.53 Low 91.13 Close 91.91 Dollar/Yen climbed significantly on Monday, from 91.32 to the 92.53 top, closing the day at 91.91. On the 1 hour chart the downward channel was broken upwards, and...
GBP/USD Open 1.6218 High 1.6559 Low 1.6298 Close 1.6215 On Monday Pound/Dollar traded hesitantly attempt to rise, dropping to the 1.6139 bottom, where the bearish movement was limited there and the Cable recovered back up to today’s...
Euro Dollar The Euro held around the secondary Fibonacci support of 23.6%, which is in the 1.4620 area, and went back up to above 1.47. The "limited" move of yesterday had "limited" effect. We have re-drawn the...
There is likely to be less volatility in the market today with almost no market moving data on tap from Japan Europe and Unites States. Yet, few fundamental events that are due out later today may indeed...
EUR/USD Open 1.4683 High 1.4722 Low 1.4611 Close 1.4680 On Monday Euro/Dollar decreased significantly from the 1,4712 peak to the 1.4611 bottom, closing the day at 1.4680. Signals are expected to be bearish, with targets towards yesterday’s...
Euro Dollar The Euro is approaching at this very moment the bottom of the rising channel on the hourly chart, and in the same area we noticed an intraday support that has shown itself several times lately,...
This month investors have increasingly moved to riskier assets like stocks, commodities and higher-yielding currencies, as concerns about a ballooning U.S. fiscal deficit and low Interest Rates have fueled Dollar selling. The Federal Open Market Committee (FOMC)...
USDCAD broke below 1.0632 previous low support, suggesting that a cycle top has been formed at 1.1101 level on daily chart. The pair is now in downtrend and deeper decline is expected to 1.0500 zone next week....
USDCHF remains in downtrend from 1.1021. As long as the resistance of falling trend line on 4-hour chart holds, we’d expect downtrend to continue and deeper decline is possible to 1.0200 level next week. Near term resistance...
